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天铁股份(300587) - 天铁股份:2021年5月21日投资者关系活动记录表

Group 1: Company Overview - The company, Zhejiang Tian Tie Industrial Co., Ltd., focuses on the development, production, and sales of rail engineering rubber products [2][3]. - The chairman, Xu Jiding, presented the company's development history, business situation, and future strategies during the investor relations activity [3]. Group 2: Business Strategy and Market Position - The company aims to become a global leader in the vibration control industry, with a focus on rail structure vibration reduction products [3]. - Current orders are stable and growing, primarily consisting of rail structure vibration reduction products [3]. Group 3: Product Development and Innovation - The company emphasizes continuous innovation and R&D to enhance product quality and performance, aiming to expand into other industry applications [3][4]. - The company is actively developing its building vibration isolation business, responding to national policies on disaster prevention and mitigation [4]. Group 4: Financial Performance and Challenges - The gross profit margin has decreased from 70% to 50%, attributed to changes in the revenue structure of combined products [5]. - The company’s sales system is being integrated to provide comprehensive vibration reduction solutions [5]. Group 5: Production Capacity and Future Plans - Current production capacity exceeds 200%, with plans to enhance production processes and technology if the planned capital increase does not proceed [5]. - The company is on track to complete its convertible bond project by March 2022 [4]. Group 6: Market Trends and Opportunities - The rail transit industry is expected to benefit from rapid development due to national infrastructure initiatives, with a positive growth outlook [5]. - The company is exploring opportunities in the building vibration isolation market, which is anticipated to grow with increased focus on earthquake resistance [4].